Position: Home page » Blockchain » What does each block of blockchain store

What does each block of blockchain store

Publish: 2021-04-28 14:12:46
1.

blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies

blockchain is an important concept of bitcoin. It is essentially a decentralized database. At the same time, as the underlying technology of bitcoin, it is a series of data blocks generated by using cryptographic methods. Each data block contains the information of a bitcoin network transaction, Used to verify the validity of its information (anti-counterfeiting) and generate the next block

some areas where blockchain can be used can be as follows:

& ᦇ 9642; Smart contract; Securities trading; E-commerce; Internet of things; Social communication; File storage; Proof of existence; Authentication

&9642; Equity crowdfunding

we can compare the development of blockchain with the development of the Internet itself. In the future, something called finance Internet will be formed on the Internet. This thing is based on blockchain, and its precursor is bitcoin, that is, traditional finance starts from private chain and instry chain (LAN), bitcoin series starts from public chain (WAN), They all express the same concept - digital asset, and finally converge to an intermediate equilibrium point

The evolution mode of

blockchain is as follows:

& 9642; Blockchain 1.0 digital currency; Blockchain 2.0 digital assets and smart contracts; Blockchain 3.0: implementation of distributed applications in various instries

2.

From the perspective of technology and architecture, I will tell you my understanding of blockchain in common language

what is blockchain? In a word, blockchain is a storage system. To be more specific, blockchain is a distributed storage system without an administrator and each node has all the data

What are the common storage systems like

first, how to ensure high availability

the common storage system usually uses "rendancy" to solve the problem of high availability. As shown in the figure above, if the data can be copied into several copies and rendant to multiple places, high availability can be guaranteed. The data in one place is hung, and there is data in other places. For example, the master-slave cluster of MySQL is the same principle, and the raid of disk is also the same principle

two points need to be emphasized in this place are: data rendancy often leads to consistency problems

1. For example, in the master-slave cluster of MySQL, there is actually a delay in reading and writing, which means there is a inconsistency in reading and writing in a short period of time. This is a side effect of data rendancy

The second point is that data rendancy often reces the efficiency of writing, because data synchronization also consumes resources. If you add two slave libraries, the write efficiency will be affected. The common storage system is to use rendancy to ensure the high availability of data

so the second question, ordinary storage system, can write more

the answer is yes, for example, take this graph as an example:

in fact, MySQL can do a master-slave synchronization of al masters, master-slave synchronization of al masters, two nodes can be written at the same time. If you want to do a multi room multi live data center, in fact, multi room multi live data synchronization. What we should emphasize here is that multi-point writing often leads to the consistency problem of writing conflicts. Take MySQL as an example, suppose that the attribute of a table is self incrementing ID, then the data in the database is 1234 now. If one of the nodes writes and inserts a piece of data, it may become 5, and then these 5 pieces of data are synchronized to another master node, Before synchronization, if another write node inserts a piece of data, a piece of data with self incrementing ID of 5 will be generated. Then, after the generation, synchronize to another node, and the synchronized data will conflict with the two local 5's after it arrives, which will lead to synchronization failure and write consistency conflict. This problem will occur in the case of multi-point writing

how to ensure consistency in multi-point writing

the reform "Swan class" gives you more technical work

3.

Blockchain is a term in the field of information technology. In essence, it is a shared database. The data or information stored in it is characterized by "unforgeability", "trace in the whole process", "traceability", "openness and transparency" and "collective maintenance". Based on these characteristics, blockchain technology has laid a solid "trust" foundation, created a reliable "cooperation" mechanism, and has broad application prospects

on January 10, 2019, the state Internet Information Office issued the regulations on the management of blockchain information services. In October 24, 2019, ring the eighteenth collective learning of the Central Political Bureau, general secretary Xi Jinping stressed that "block chain as an important breakthrough in core technology and independent innovation", "accelerating the development of block chain technology and instrial innovation". "Blockchain" has entered the public field of vision and become the focus of social attention

extended data:

related extension: blockchain financial application:

since 2016, the major financial giants have also carried out blockchain innovation projects to explore the possibility of applying blockchain technology in various financial scenarios. In particular, Puyin group took the lead in creating a "blockchain +" standard digital currency

standard digital currency refers to the process of assets identification, evaluation, right confirmation and insurance completed by a third party organization, which is written into the blockchain through careful digital algorithm to form the standard corresponding relationship between assets and digital currency, which is called standard digital currency

in order to realize the great leap forward development of blockchain finance, promote the new development of China's economy, accelerate the circulation of global assets, and realize the dream of rejuvenation that has been struggling for generations, Puyin group will hold the Guiyang strategic development ceremony of Puyin blockchain finance in Guizhou on December 9, 2016

the meeting will discuss the realization of digital circulation of assets by blockchain, the financial transaction mode of blockchain, and the application of blockchain services and social public instry. This conference will mark the beginning of the application of blockchain finance and the change and development of the new financial ecology

on June 1, 2020, Xinhua news agency was authorized to broadcast the "overall plan for the construction of Hainan free trade port" issued by the CPC Central Committee and the State Council, which will "actively participate in the formulation of international rules for cross-border data flow, and establish standards and rules for data rights confirmation, data trading, data security and blockchain finance" as one of the key tasks of Hainan free trade port before 2035

4. The information of each block in the blockchain is different, and the generation time and recorded data of each block are different. You can regard the blockchain as a bookkeeping book. Every once in a while, someone will write all the transaction information on the blockchain network to one page of the ledger, page by page, and record all the transactions on the blockchain network in turn according to the time
on the other hand, all nodes (computers in short) participating in the network will store one account book, which is updated in real time. Even if one node fails, the blockchain will not be affected.
5. Blockchain mainly solves the trust and security problems of transactions, so it proposes four technological innovations to solve this problem:
(1) distributed ledger, that is, transaction bookkeeping is completed by multiple nodes distributed in different places, and each node records complete accounts, so they can participate in monitoring the legitimacy of transactions, At the same time, they can testify together
different from traditional distributed storage, the uniqueness of distributed storage of blockchain is mainly reflected in two aspects: one is that each node of blockchain stores complete data according to block chain structure, while traditional distributed storage generally stores data in multiple copies according to certain rules. Second, the storage of each node in the blockchain is independent and has the same status, which relies on the consensus mechanism to ensure the consistency of storage, while the traditional distributed storage generally synchronizes data from the central node to other backup nodes[ 8]
no single node can record the account data separately, so as to avoid the possibility that a single bookkeeper is controlled or bribed to record false accounts. In theory, unless all the nodes are destroyed, the accounts will not be lost, so as to ensure the security of the account data
(2) asymmetric encryption and authorization technology, the transaction information stored on the blockchain is public, but the account identity information is highly encrypted, which can only be accessed under the authorization of the data owner, thus ensuring the data security and personal privacy
(3) consensus mechanism is how to reach a consensus among all accounting nodes to determine the validity of a record, which is not only a means of identification, but also a means of preventing tampering. Blockchain proposes four different consensus mechanisms, which are suitable for different application scenarios and achieve a balance between efficiency and security
the consensus mechanism of blockchain has the characteristics of "the minority is subordinate to the majority" and "everyone is equal", in which "the minority is subordinate to the majority" does not completely refer to the number of nodes, but also can be the computing power, the number of shares or other characteristics that can be compared by computers“ "Everyone is equal" means that when the nodes meet the conditions, all nodes have the right to put forward the consensus results first, and then directly recognized by other nodes, and finally may become the final consensus results. Taking bitcoin as an example, the workload proof is adopted. Only when more than 51% of the accounting nodes in the whole network are controlled can a nonexistent record be forged. When there are enough nodes in the blockchain, this is basically impossible, thus eliminating the possibility of fraud.
(4) smart contract, which is based on these trusted and tamperable data, can automatically execute some pre-defined rules and terms. Take insurance as an example. If everyone's information (including medical information and risk occurrence information) is true and reliable, it is easy to carry out automatic claim settlement in some standardized insurance procts
Hot content
Inn digger Publish: 2021-05-29 20:04:36 Views: 341
Purchase of virtual currency in trust contract dispute Publish: 2021-05-29 20:04:33 Views: 942
Blockchain trust machine Publish: 2021-05-29 20:04:26 Views: 720
Brief introduction of ant mine Publish: 2021-05-29 20:04:25 Views: 848
Will digital currency open in November Publish: 2021-05-29 19:56:16 Views: 861
Global digital currency asset exchange Publish: 2021-05-29 19:54:29 Views: 603
Mining chip machine S11 Publish: 2021-05-29 19:54:26 Views: 945
Ethereum algorithm Sha3 Publish: 2021-05-29 19:52:40 Views: 643
Talking about blockchain is not reliable Publish: 2021-05-29 19:52:26 Views: 754
Mining machine node query Publish: 2021-05-29 19:36:37 Views: 750